Legal Documents
Agreement for Sale of Land
This is an Agreement for Sale of Land subject to change of use formalities.
The permitted use for land in Nigeria varies from agricultural, commercial, mixed use, residential among others, and is amenable to change subject to obtaining the consent and approval of various agencies such as the Physical Planning Department of the Ministry of Physical Planning and Urban Development of the state where the Land is located.
₦10,000
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Table of Content
1. DEFINITIONS AND INTERPRETATIONS 5
2. AGREEMENT TO SELL AND PURCHASE 7
3. PAYMENT OF THE PURCHASE PRICE 7
4. COMPLETION 7
5. REGISTRATION 8
6. CAPACITY 9
7. MOVEABLES 9
8. POSSESSION 9
9. MATTERS AFFECTING THE PROPERTY 9
10. WARRANTIES 9
11. DISCLAIMER 10
12. OUTGOINGS OF THE PROPERTY……………………………………………………..11
13. ASSIGNMENT 11
14. MERGER 11
15. LEGAL AND OTHER COSTS ……………………..………………………………………11
16. SPECIAL CONDITIONS AND DEFAULT..……………………………………………11
17. PERMITTED USER AND BEACONS……………………………………………………12
18. DISPUTE RESOLUTION……………………………………………………………………14
19. FORCE MAJEURE……………………………………………………………………………14
20. TERMINATION……………………………………………………………………………….15
21. GENERAL……………………………………………………………………………………….16
